paragraph : "price hike/Spiral"

paragraph : "Price Hike/Spiral"

start:   Price spiral means the rise of price daily necessaries. Today price spiral  is a common phenomenon in our economy. The price is essential  commodities is increasing by leaps and bounds .The causes of price spiral are many. Hoarding is one of the important factors for soaring price level. People hoard the essential commodities with an ill motive and as a result there i break down in the supply .Smuggling and black marketing are also important factors that cause price spiral. Essential commodities are always being smuggled across the border .Shortest  of supply due to low production also accelerates .The price hike of essential good. Our  population  is increasing in geometrical progress .While the supply  of food increasing  in arithmetical progress. For this the necessary actions and proper  measure  should  be taken to tackle  the situation.Hoarding should be controlled.